Fees
In these difficult times, it is becoming more and more important for individuals and businesses to be able to budget effectively. We believe in being open about our fees, so that you can make an informed financial decision when assessing or comparing our services.
The following amounts represent our typical fees for producing a set of accounts:
| Business Type | £50K Turnover | £100K Turnover | £250K Turnover |
|---|---|---|---|
| Sole Traders | £550 | £800 | £1,200 |
| Partnerships | £650 | £950 | £1,500 |
| Limited Companies | £800 | £1,200 | £1,800 |
| LLPs | £950 | £1,400 | £2,200 |
| Charities | £750 | £1,100 | £1,600 |
| Charitable Companies | £950 | £1,400 | £2,200 |
- A simple individual Self Assessment tax return would cost about £120
- A simple corporation tax return would cost about £160.
Each case will be judged separately, and exact quotations will depend upon a detailed discussion of your requirements, and a review of your records and systems (neater records produce smaller fees).
We offer annual fixed-price agreements to our smaller clients, which cover the cost of preparing the accounts and any associated tax returns. The fee will also cover ad hoc advice during the year, so you needn’t be afraid to pick up the phone and talk to us. These agreements are reviewed annually before we start work on the accounts or tax returns.
We charge our larger clients on the basis of the amount of time we spend working on their behalf, calculated using individual hourly charge-out rates. Ultimately, the price we charge for a job will also depend on the quality of the records we receive and the complexity of the work. Our charge-out rates are subject to regular review, and for that reason, they are not quoted here, but are available upon request.
Remember that we offer free, no-obligation quotes, as well as free initial consultations (unless one-off detailed advice is provided) at a time and place to suit you.
Fee protection insurance
We have negotiated a practice-wide insurance scheme which is open to all our clients, and covers all types of tax, VAT, and PAYE investigations (including aspect enquiries). Membership of the scheme is optional, but provides complete peace of mind. In the event of an enquiry, it enables us to represent you throughout the enquiry process, irrespective of cost. Our fees will be paid by the insurance company, with no further cost to you.